China Vanke Co.’s sales slump worsened in November, adding to concern over its worsening finances during a prolonged property crisis.
PROPERTY
Two critical online views on China’s economy vanish ahead of policy meeting
A bearish commentary by a prominent economist on China’s weak consumption, unemployment and “dispirited” youth that went viral on social media has vanished from the country’s tightly controlled …
No cheer for developers as China’s new home sales projected to fall 15% in 2025: Fitch
At about 2.03 per cent, rental yield is still way below the benchmark home mortgage financing rate to spark investment in new homes.
China had fewer billionaires in 2024 due to turmoil in property, financial markets: UBS
It said 132 people dropped off the list, 42 new billionaires were minted and three moved away. The total wealth of these billionaires decreased by 20 per cent to about US$1.4 trillion. “Many of the…
In Response to Property Crisis, China Studies Fundamental Overhaul
In China’s sluggish property market, the latest sales pitch isn’t marble countertops, but residency papers. In a bid to support the real-estate market, more than a dozen Chinese cities have rolled out …
China new home price rises accelerate in November, survey finds
BEIJING(Reuters) -Prices of new homes in China rose at a faster pace in November, a private survey showed on Sunday, as a string of policies may be lending support to the ailing property market. The…
China property market faces long recovery road despite restructuring progress
Sino Ocean and Shimao debt plans inch ahead in ‘positive signal’, but true recovery is still far off given structural issues, analysts say.
China Home Sales Drop Again as Sustained Stimulus Effect Missing
China’s residential market sales fell again in November, suggesting the property sector still has some ways to go before it can show a sustained recovery.
China’s Property Slump May Extend Into 2025, Fitch Says
China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings.
Liquidators of China Evergrande file winding-up petition against co’s unit
Liquidators of property developer China Evergrande on Thursday presented a winding-up petition against unit Tianji Holding, a guarantor for certain offshore senior notes issued by Scenery Journey …
China’s Property Slump May Extend Into 2025, Fitch Ratings Says
China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings.
China’s Steelmakers Narrow Losses But Conditions Still Bleak
Chinese steelmakers narrowed losses in October, after the government’s efforts to stimulate the economy encouraged more production and helped raise prices.
In careful protest, China Evergrande’s investors press for action
SHENZHEN: Hundreds of Chinese investors who lost savings in the collapse of China Evergrande launched a coordinated campaign this month to press authorities for an update on the failed prop …
